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Devil in the detail: Data collection a weak link in new GDP calculation - 0 views

www.firstpost.com/...w-gdp-calculation-2278824.html Gross Domestic Product
shared by rishimenon on 04 Jun 15 - No Cached
  • rishimenon on 04 Jun 15
     
    Improvement in methodology of GDP calculation or for that matter the Base Year is usually a tame routine affair. However, the launch of new GDP Series (Base 2011-12) in India has been anything but tepid, what with everyone from RBI Governor to Chief Economic Adviser publicly expressing their struggle with understanding the new growth numbers.
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